How NOT to LOSE Money in Roofing Business: MUST Watch for 1st Year Owners!

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  • Опубліковано 3 січ 2025

КОМЕНТАРІ • 61

  • @RoofingInsights3.0
    @RoofingInsights3.0  Рік тому +1

    Dmitry's Marketing Program: MyMarketingFitness.com
    🛠 ROOFERS: grow your business with me: roofing-school.com
    🏠 HOMEOWNERS: find your next contractor w/$20k guarantee directorii.com
    👉 JOIN us at the annual Roofing Process Conference: roofconference.com
    📈 CONSULT directly with Dmitry Lipinskiy: dmitrylipinskiy.com

  • @shelbyadderly6715
    @shelbyadderly6715 Рік тому +5

    Man.. what you've conveyed was what's needed in order to move forward in the right way,and how to keep moving without falling face first. Ignorance is deadly, blindness will cause a crash, and survival is serious in this market. Your content, character and commitment means a lot. You are that ( Locomotive ) Thank You Bro!

  • @Fourreal247
    @Fourreal247 Рік тому +6

    Top 5 Roofing videos in the last 3 years ❤

    • @RoofingInsights3.0
      @RoofingInsights3.0  Рік тому

      Thank you so much! Glad you found value, thanks for engagement!

    • @TKayCO
      @TKayCO Рік тому

      100% agree. Very good!

  • @FranciscoMarcialA
    @FranciscoMarcialA Рік тому +2

    even though the advice is redundant, some of us are definitely stubborn and need to hear it multiple times. thank you. ❤ congrats by the way

  • @jjsroofing860
    @jjsroofing860 Місяць тому +1

    Very informative. Thank you.

  • @pinkroofingusa
    @pinkroofingusa 6 місяців тому

    Best video ever and can’t wait to listen 10x .
    Gold!!!

  • @brandiburk2820
    @brandiburk2820 Рік тому +3

    This was great, thank you, Dmitry.

  • @gusto1557
    @gusto1557 Рік тому +1

    Good content. Some very simple take aways and some other that we all know we should do but he reaffirmed.

  • @desertskyroofing
    @desertskyroofing Рік тому +3

    Love your videos and this was very helpful. Question, in the video you said if we need $7500 for vehicles we need to have $75000 in sales. You seem to see this as 10% of sales. You also used percentages for the office (10% of gross sales). What percentages do you feel are appropriate for the pay for those doing the work if you use hourly, not subcontractors?

  • @onpointroofingrepair7167
    @onpointroofingrepair7167 Рік тому +1

    Great video very informative when starting a roofing business
    I needed this
    Thank you bro

  • @Swampfox42
    @Swampfox42 Рік тому +3

    Not enough time spent on the audits! Just went through my first audit dispute where they tried to reclassify ALL of our labor as a code with 3x premium. It’s important to understand what triggers them to do that, and how to avoid it. Also VERY important to understand what you’re paying for insurance and build that in to every job. Same goes for taxes and all overhead for that matter. Figure out the minimum you need to charge to stay in business and add what you want to make from there.

  • @MYRONone.
    @MYRONone. 10 місяців тому

    i’m starting my own compost soon thanks to your videos for the support on this blind ride to being a business owner

  • @jaysonbooth1381
    @jaysonbooth1381 Рік тому

    Thank you Dmitry for this video and congratulations on 100k subscribers!! I’m watching as many videos as possible!!

  • @ApexRS_Chavez
    @ApexRS_Chavez Рік тому

    Good Stuff my man! This is way more helpful than most content out there.

  • @DavidSummerly
    @DavidSummerly Рік тому

    This video is phenomenal! It can be generalized for most business too.

  • @TheRoofDoctor96
    @TheRoofDoctor96 Рік тому

    Aussie roofer here
    Just went on my own recently.
    Thanks so much for the information bro

  • @jamesanthony4974
    @jamesanthony4974 Рік тому

    Great video Dimitry! I’m in the process of opening a roofing company, this was a huge help! Thank you!🙏🏻

  • @samtroyer1457
    @samtroyer1457 Рік тому

    Great info 👍

  • @WeFindSimpleSolutions
    @WeFindSimpleSolutions Рік тому +1

    This is a great video, definitely covers a majority of the issues and problems. We ran into, when we started. 💪

  • @sparksmcgee6641
    @sparksmcgee6641 Рік тому

    Im 53, and I've had 3 businesses. Im a builder now. This is a PERFECT plan for starting a business.

  • @user-ei4jp5sz5c
    @user-ei4jp5sz5c Рік тому

    Great video. Helps a lot for us in our second year in business.

  • @MasotaMau
    @MasotaMau Рік тому

    Great video Dmitry will help a lot. Currently 5 years in started with residential now commercial .

  • @reyflores1751
    @reyflores1751 Рік тому

    I'll keep watching videos from you
    Great content

  • @marcus.639
    @marcus.639 Рік тому

    Solid advice thanks man

  • @ivanmiller4992
    @ivanmiller4992 Рік тому

    Hi I'm Ivan, I have watched some of your videos and I'm planing to start my own roofing business in spring. What are some things I can prepare for and be on top of it till then

  • @jimthompson9929
    @jimthompson9929 Рік тому

    Good video. Lots to learn here.

  • @TKayCO
    @TKayCO Рік тому

    What a video!
    I’m just starting and am so glad you made this one.
    Thanks 🙏🏼

    • @RoofingInsights3.0
      @RoofingInsights3.0  Рік тому +1

      Good luck in your beginning! Reach out if you need help!

    • @TKayCO
      @TKayCO Рік тому

      Thanks mate. I will do :)

  • @BayatDigital
    @BayatDigital Рік тому

    Great video as always Dimitry! 👍

  • @cruzvillanueva5253
    @cruzvillanueva5253 Рік тому

    Thank you for the great content.

  • @prestonneubert1983
    @prestonneubert1983 6 місяців тому

    Good stuff

  • @dannyboyssj
    @dannyboyssj Рік тому

    This is the video that made me sub loved the info thank you very much

  • @stevecardon4834
    @stevecardon4834 Рік тому

    I feel everyone of those mistakes. I learned a lot from this video I wish I had seen earlier.

  • @samarafat6448
    @samarafat6448 Рік тому

    Great video, thank you so much 🙏🏻

  • @martellfletcher
    @martellfletcher 7 місяців тому +1

    Are there any biographies from successful roofers that you would recommend to a beginner in the industry?

  • @darrincoy9361
    @darrincoy9361 9 місяців тому

    Which CRM do you recommend and what are your thoughts on tv commercials? Local

  • @ramrab8368
    @ramrab8368 Рік тому

    Hey Dmitry, aren’t businesses supposed to pay taxes on a quarterly basis? I’m curious to know what causes a business to end up with a huge tax bill like that. Awesome video. I’ll be rewatching this one 👍

  • @TouchingwordsUW
    @TouchingwordsUW Рік тому

    On paying employees not being over 10% is that also for in house installers?

  • @jamescarone9553
    @jamescarone9553 Рік тому

    I work for a friend who has a small residential roofing company. How do we lower general liability insurance cost? There basing our cost on projected sales from the previous year's growth. We are on our 3rd year and practice many of your tips to be successful for the long term. Ty.

    • @sparksmcgee6641
      @sparksmcgee6641 Рік тому

      You can't reduce your insurance. You're paying for a product that you need.
      If you plan on staying the same size request an audit mid year. You're paying for coverage in a dollar amount of work.

  • @MrSplash42
    @MrSplash42 11 місяців тому +1

    Should talk about these roofing companies that don't pay their subs and use money from the business for their personal use and end up being broke. That pisses me off big time.

  • @alanmackenzie9712
    @alanmackenzie9712 Рік тому

    When I do my estimate and when we collect are 75% deposit I immediately purchase materials. My issue honestly is cash to invest any Suggestions .

    • @alanmackenzie9712
      @alanmackenzie9712 Рік тому

      I have been in business for 6 yrs I haven't had a 100,000$ yr yet I use sub crew but am on site start to finish I just secured my crew it's been tuff but I have hung in and continue to get good reviews I'm just not making enough to invest back I know I need to advertise I have done flyers I'm on Google and Bing. My credit not so good. Bottom line I'm doing good work but I'm not being found enough.

    • @alanmackenzie9712
      @alanmackenzie9712 Рік тому

      Maybe I just need to save if I can